The US-based global manufacturer of eco-friendly plastics NatureWorks has tapped the two units of Philippine firm D&L Industries Inc. to become its distribution and compounding partners for the domestic market.
Seeing strong local market interest for renewably sourced products, NatureWorks has decided to partner with D&L’s subsidiaries, First in Colours (FIC) and D&L Polymers and Colours (DLPC), to introduce Ingeo products in the Philippines.
“The Philippine economy and population are growing rapidly. There is a need for low carbon footprint plastics that offer a variety of performance features and also end of life options including industrial composting,” said Daisuke Takabatake, industry segment leader for NatureWorks.
“Of the potential distribution partners we explored, First in Colours and D&L Polymers and Colours received the highest evaluations in terms of technical support, compounding capability, the ability to carry inventories that shorten delivery times for customers and having a diverse, growing, loyal customer base,” he added.
FIC will distribute the full comprehensive suite of Ingeo resins developed for the plastic markets. The manufacture of Ingeo emits 60 percent less greenhouse gas and requires 48 percent less energy to manufacture into resin compared to such plastics as polyethylene terephthalate.
“To be associated with the world’s leading producer certainly will give our customers quality, quantity, the broadest range of resins available and access to world-class technical support capabilities,” Lester Lao, managing director for FIC and DLPC, said.
D&L Industries further cited that Ingeo offers stable pricing as compared to the price of
plastics made from petroleum.
NatureWorks LLC, the world’s leading biopolymer supplier, is jointly owned by Thailand’s largest chemical producer, PTT Global Chemical, and Cargill, an international producer and marketer of food, agricultural, financial and industrial products and services.
FIC and DLPC are the leading providers of customized dry colorants, color masterbatches, additives and engineered polymers to the country’s plastics industry.
Madelaine B. Miraflor